San
Francisco 7 May 2019 The Report Biopreservation Market Size, Share & Trends Analysis Report By Product (Equipment,
Media, LIMS), By Application (Regenerative Medicine, Bio-banking, Drug
Discovery), By Cell Provider, And Segment Forecasts, 2012 - 2022
The global biopreservation market size is expected to reach USD 8.93 billion by 2022,
according to a new report by Grand View Research, Inc., exhibiting a 17.3% CAGR
during the forecast period. Rising demand for advanced preservation methods and
constantly increasing healthcare spending is anticipated to fuel growth
potential in future. Hospitals, pharmaceutical companies, and biotechnology
firms are increasingly adopting systems for in-house storage of samples and
this is anticipated to provide a significant boost to the market. Surging
R&D investments by major companies and research communities striving to
improve product development capabilities is also presenting the market with
immense potential.
Technological advancements such as advent
of virtual bio-banks, which is predicted to witness a significant upsurge in
the application, is also resulting in market progression. In addition,
increasing preference for maintaining repositories for biological specimens,
for application in organ transplantation and regenerative medicine, has
benefited the market. Presence of government initiatives such as International
Society of Biological and Environmental Repositories to enhance bio-banking and
preservation standards and practices is also broadening the scope for growth
over the coming years.
Access Research Report of Biopreservation
Market @ https://www.grandviewresearch.com/industry-analysis/biopreservation-market
Further key findings from the report suggest:
· In 2014, equipment captured the dominant
share by product owing to growing demand from bio-banks. High preservation
costs of biological specimens has also benefited this segment
· The media segment, on the other hand, is
predicted to witness exponential CAGR during the coming years as a result of
wide adoption in regenerative medicine
· In 2014, bio-banking captured a substantial
share in terms of application owing to growing number of tissue and organ
transplantations and high awareness levels with respect to bio-banking
· Regenerative medicine, on the other hand,
is anticipated to register the highest CAGR owing to major investments by
public and private healthcare organizations in research focused on restorative
therapy
· By cell provider, tumor cells captured the
largest share in terms of volume in 2014, as a consequence of extensive
application in R&D and treatment of cancers with high prevalence
· In 2014, North America accounted for the
largest share in the biopreservation market, which can be attributed to
existing government regulations supporting extensive usage of biological
samples in regenerative medicine
· Asia Pacific is anticipated to observe
exponential growth throughout the forecast period owing to unmet clinical needs
in the region, coupled with continued infrastructure upgradation
· Key market players are involved in
deploying extensive strategies such as new product development, mergers, and
acquisitions to gain competitive edge over other players.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/biotechnology
Grand View Research has
segmented the global biopreservation market on the basis of product,
application, cell provider, and region:
Biopreservation Product Outlook (Revenue,
USD Million, 2012 - 2022)
·
Equipment
·
Media
·
Laboratory Information Management System
(LIMS)
Biopreservation Application Outlook
(Revenue, USD Million, 2012 - 2022)
·
Regenerative Medicine
·
Bio-banking
·
Drug Discovery
Biopreservation Cell Provider Outlook
(Volume, 000’ Units, 2012 - 2022)
·
CD34+
·
CD19+
·
MSC
·
iPSC
·
hESC
·
Tumor Cells
·
Others
Biopreservation Regional Outlook (Revenue,
USD Million, 2012 - 2022)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Biopreservation Market@ https://www.grandviewresearch.com/press-release/global-biopreservation-market-analysis
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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